Property score
65.6
Good
Overall 65.6 · Smaller but newer than most nearby homes
986 sqft (bottom 19%) · Built in 1992 (14 yrs newer than avg)
Located in a high-income area with median household income of ~97k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 5 healthcare facilitys, and 3 shops nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 50%Punjabi · 13%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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65.6 is composed by the two sections below.
Property Score
Community Score
Waverley Heights
How to read: Share of sales in each ~$50k price band for “waverley heights” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110980
$97K
Median household income
$107K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
10%
Single-person households
31%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
180 Gull Lake Road — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 284 m), 1 education (nearest 319 m), 5 healthcare (nearest 235 m).
Waverley Heights · WPS public data · 2026
Annual incidents
14
2026
vs. city avg
-53%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 42% | Top 43% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 180 Gull Lake Road, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a balanced and practical offering in the Waverley Heights community. Its primary appeal lies in its relative modernity and efficient use of space within a well-established neighborhood.
Key Characteristics: Built in 1992, the property is notably newer than most homes in its immediate area and across Winnipeg. It sits on a lot that is generous for its street, providing good outdoor space. The living area of 986 sq ft is compact yet functional, positioned close to the average for Gull Lake Road itself. The city's assessed value for taxes is consistent with averages at the street, community, and city-wide levels, indicating a stable, market-aligned valuation.
Where Its Appeal Lies: The standout feature is the build year. Being significantly newer than the neighborhood average suggests potentially fewer immediate concerns with aging components (like roofing or major systems) compared to older stock, which can be a major draw. The lot size offers a tangible advantage on its specific street, providing more private outdoor room than many neighbors. It represents a "right-sized" option—not the largest home, but one that avoids the premium for excess square footage while offering modern foundations.
Ideal Buyer Profile: This property would suit first-time buyers or downsizers seeking a manageable, low-maintenance home in a mature area without taking on the uncertainties of a much older build. It's also a sensible choice for value-focused buyers who prioritize a newer structure and a good lot over having the most interior space. The balanced assessment value suggests it's a straightforward proposition, not over-improved for the area, appealing to pragmatic purchasers.
Section 2: Frequently Asked Questions
1. Is the living space too small?
While below the neighborhood and city averages, the living area is close to the average for Gull Lake Road itself. This indicates the home is typical for its specific street. The efficient layout of a 1992 build may also use space more effectively than some older, larger homes.
2. What does the "newer build" really mean for me?
A 1992 construction in a neighborhood where many homes are from the 1970s and earlier suggests that major elements like wiring, plumbing, and insulation likely meet more modern standards. This can translate to lower immediate repair risks and potentially better energy efficiency.
3. How does the lot size compare?
The lot is larger than average for Gull Lake Road, which is a definite advantage on this street. It is slightly below the Waverley Heights average but remains a good-sized urban parcel, offering decent yard space.
4. Is the property assessed above or below market value?
The assessment value is consistently "close to average" at every comparison level (street, community, city). This generally indicates the city's valuation is in line with the property's characteristics relative to others, providing a neutral starting point rather than a red flag for being over- or under-assessed.
5. What do these rankings say about the property's value?
The rankings paint a picture of a balanced property. Its greatest strength is its newer age within an older community. It trades top-tier interior square footage for this modernity and a better-than-average lot on its block. It's a home that competes on different merits than sheer size.
